All posts tagged tax

What’s a more valuable tax deduction, a deadbeat boyfriend or a vicious guard dog? It depends on how big a deadbeat the boyfriend is. Some people “are very creative and want to see if they can outsmart the tax code,” says S. Miguel Reyna, a certified public accountant in Dallas. Of course, many of the queries aren’t so offbeat. WSJ’s Rachel Ensign has a sampling of questions that tax experts are often asked.

In the history of presidential politics, candidates have made public as many as 28 years of their tax returns and as few as two. Mitt Romney is hoping that voters won’t punish him for settling at the low end of the scale.Download MP3

“Obamacare” became “Obama tax care” in the phrasing of some conservative commentators. The mandate requiring most Americans to buy health insurance became “the tax mandate,” thanks to Chief Justice John Roberts’s ruling that the mandate passed constitutional muster only as a tax.

Tim Pawlenty’s call for an economic-growth plan built on tax cuts has raised concerns among Republicans in Congress who worry the presidential candidate’s message could muddy their immediate quest to slash spending and curb the deficit. The proposal from the former Minnesota governor, put forth in Chicago, comes as Republicans and Democrats in Congress battle over ways to slash the federal deficit. WSJ’s Neil King has the details. Download MP3

Falling out with your neighbors can mean more than just uncomfortable meetings in the hallway or front yard, added stress and sleepless nights. A bitter neighbor has the power to block renovations that could improve the value of your home and sue you over anything from a barking dog to street parking. Smart Money’s Quentin Fottrell tells us what your neighbors maybe keeping from you. Download MP3

It took a whole lot of wrangling, debate, and even (gasp!) compromise, but a deal on taxes is finally on its way to the White House for the President’s signature. On today’s show we covered all the bases including what it means for your paycheck, who wins and who loses, and what the President is in the mood to compromise over next now that it seems the American people are happy to see everyone getting along so well. Download MP3

Both sides of the aisle are gearing for the fiscal fight of their lives. Newly empowered Republicans made a major push Sunday for the extension the Bush-era tax level. President Obama is trying to maintain control in the battle. WSJTM’s Gordon Deal summarizes the arguments while WSJ’s Laura Saunders breaks down four key tax issues facing our lawmakers when Congress reconvenes on November 15th. Download MP3

The aftermath from the Gulf oil spill is far from over. Scientist recently have found an unknown dark brown stain on dead or dying coral just seven miles from where the BP spill had taken place. WSJ’s Jeffrey Ball joined us to explain what some scientist think they have found even before testing on the coral has returned any hard evidence. Download MP3

Global regulators pushed through a historic remake of the world’s banking regulations—forcing financial institutions to increase protections against unexpected losses—with the ripple effects likely to impact everything from mortgages to commercial loans to credit cards in coming years. University of Maryland Business Professor and friend of the program, explains the changes. Download MP3

Congress will have to tackle a mountain of tax decisions in the coming weeks. Laura Saunders chatted with Gordon Deal this morning. She breaks down how we can prepare for the decisions of our elected officials. Download MP3

Summer savings will be the main topic today, but before we get down to brass tacks the spill in the Gulf is still in the headlines. Today the WSJTM focuses on the toll the spill is having on the Gulf’s eco-system. Experts say it could be years before we know the extent of the damage. What we do know is, it is devastating life in and along the coast. WSJ’s Jeff Ball talks about the future health of the Gulf. Download MP3

There is still plenty of time for families to take advantage of all summer has to offer, even if you’re on a budget. SmartMoney’s Kelli Grant chats with Gordon about ways to save on your summer activities. Download MP3

As the mercury rises and your air conditioning kicks into high gear, you can expect to pay big bucks to your energy company. Tom Krautler, co-host of the radio show “The Money Pit,” has ways to earn tax credits with energy saving solutions. Download MP3

It is Wednesday morning and the markets are giving investors the shakes. A number of factors caused the Dow Jones Industrial Average to fall 2.6% Tuesday. It closed a full 130 points lower than the psychological 10,000 number. WSJ’s Jon Hilsenrath talks with Gordon about why investors dropped to their knees praying for a bounce. Download MP3

Today marks the last day for a cheap bake. Starting tomorrow, July 1st, a 10%, no that is not a typo, a 10% tax on indoor tanning goes into effect. As part of the new health-care reform bill, the tax is projected to raise $2.7 billion dollars over the next 10 years. SmartMoney Magazine writer Kelli Grant has some tips on how to save money the next time you choose a lamp over the sun. Download MP3

In the market for a new car and can’t decide between a Beamer or a Benz? How does “no-cost” maintenance sound? Eyes on the Road writer and good friend of the show Joe White explains what high-end auto dealers are doing for your business. Download MP3

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Wake up with America’s first news – The Wall Street Journal This Morning. Host Gordon Deal and news anchor Gina Cervetti go beyond the headlines with the day’s first look at news and business news from the U.S. and around the world; bringing a lively blend of intelligent information, humor, and expert analysis to morning radio.

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Biographies

Gordon Deal Before taking the helm at The Wall Street Journal This Morning in November 2005, Gordon was well-known to New York City radio listeners, having worked at both WINS-AM and WCBS-AM where he honed his writing skills and developed his distinctive on-air reporting style. He also served as New York City bureau chief for Metro Networks where his reports aired on WOR-AM and WABC-AM.

Gina Cervetti has an extensive radio news anchoring and reporting background including several years at Boston NPR affiliate WBUR-FM where she anchored the local production of "All Things Considered" and "Here and Now." Gina is an Associated Press Award-winning broadcaster, whose reports have been heard all over New England, including WRKO Boston and WTAG Worcester. She graduated from Boston University.

Mike Gavin oversees the production of the show which includes coordinating segments with WSJ reporters, editors, and outside newsmakers. He also oversees the sound and content of the show including all music and sound elements. Mike had spent a decade in radio programming and production before finding a home at WSJ Radio in 2007. He lives at the Jersey Shore with his wife and son.